Japanese companies to invest in Pakistan steel industry - Report

Steel News - Published on Mon, 17 Dec 2018

Geo TV reported that advisor to Prime Minister on Commerce, Textile and Industries Mr Abdul Razak Dawood said that representatives of major Japanese companies will be visiting Pakistan next month and invest in the country's steel and baby formula milk industries. Speaking at a press conference, Mr Dawood said a positive development took place during talks regarding bilateral trade between the two countries held in Japan last month, wherein major Japanese companies assured of investment in Pakistan.

He said Japanese companies manufacturing steel and baby formula milk are coming to Pakistan. A delegation of Japanese investors will be visiting the country after January 15.

The minister said Japanese government also assured of allocating skill development and technology development funds for small industries in Pakistan.